About your Search

20121201
20121231
Search Results 0 to 3 of about 4
out that teachers in california are investors in bushmaster. california state teachers retirement system invested $600 million in cerberus, that private equity firm. that means the teachers retirement fund owns 2.4% of the freedom group, parent of bushmaster. it is now reviewing that investment and other potential holdings in gun companies. chief investment officer at the teachers retirement system. thank you so much for talking with us and walking us through this this morning. clearly you must have heard from teachers over the past week. >> yes, we have, through e-mail, phone calls and social media. >> what are they telling you? >> well, obviously, they're very distraught, as we were. and, you know, i was devastated when we realized we had this investment in our portfolio. it's extremely small. that's why we hadn't focused in on it, in particular. and their reaction, obviously, is of great concern. >> i should point out there are a lot of retired california teachers. you are one of the biggest sort of investors in the country. you have a very big, broad portfolio. teachers invest
denies federal benefits to legally married same-sex couples. the second is california's proposition 8 that makes same-sex marriage illegal in the state. a decision on these cases is expected next year. >>> in sports news, it's heisman time. the coveted trophy will be presented tonight in new york to the nation's best college football player. one of the finalists, texas a&m quarterback, johnny manziel, is a freshman. no first-year player has ever won the award. the other finalists are kansas state quarterback collin klein and notre dame linebacker manti te'o. i'll see you back here at the top of the hour. "your bottom line" starts right now. >> thanks, randi. see you at top of the hour. going over the fiscal cliff doesn't mean your taxes go up, it means programs and services that touch virtually every aspect of american life are downsized. good morning, everyone. i'm kristine romans. america can't afford itself. a long-term debt and deficit problems, and these are the folks who have to fix it. how close are they? >> i think we're going over the cliff. >> we can't sit here and try to fi
, pretty much getting a big resounding no comment at this point. want to get to california republican congresswoman mary bono mack. nice to see you again. we've had an opportunity to talk about a lot of things the last year on my morning program. you're a parent first and foremost. what's your response to what has unfolded in newtown, connecticut? >> hi, soledad. thunderstorm watch for having me here. my response -- thank you for having me here. my response is the same as every american is having now, that is a bone-chilling sadness. i think that we all grieve right now. i think there's a piece of every single parent right now with these parents and these families. and you know, you've done such a great job already this morning of exploring the what ifs and why not my school and thank god it's not my school. and all of the pain and suffering that we're all feeling now. as we wait for answers, why this horrific thing happened, why we decided -- how we decided as a down move forward to make sure it doesn't happen again. >> reporter: what do you think that means? i'm going to warn you, w
estate website based in seattle. paul from california send an e-mail, "i have enough money in my emergency fund right now to put a down tamt on a house with interest rates where they are does it make any sense to buy or to stay renting" what do you think paul should do? >> he shouldn't deplete his emergency fund. the good news, while home values are increasing in a lot of places, in most places they're only increasing by 2% or 3% over the next year, what economists are predicting. places like phoenix are the outlayer right now. he has time with the low prices. we also expect really low mortgage rates to stick around for at least the next year. so you've got to have an emergency fund, because if somebody loses a job, if something changes in your financial situation, buying a home is a big commitment, and you've got to be able to continue paying that mortgage. so have your emergency fund, but also have your down payment ready, and when you have your emergency fund together, that's the time to make the down payment. don't mix the two. >> listen to this dilemma, also weren't i think
Search Results 0 to 3 of about 4